Construction Loans

RECENT NEWS
New York Times  Feb 13  Comment 
Developers are receiving bigger loans at lower rates and, as a result, are now looking at financing condominium, hotel and office and retail projects.
BusinessWeek  Jul 30  Comment 
KB Financial Group Inc., owner of South Korea’s largest bank, reported an unexpected second- quarter loss as it set aside more provisions against soured construction loans.
The Cynical Economist  Sep 15  Comment 
From TNYT By FLOYD NORRIS EVEN as the economy may be starting to recover, banks across the country are confronting a worsening outlook for their construction loans, an area that boomed for much of the decade. Reports filed by banks...
New York Times  Sep 4  Comment 
At the end of June, about one-sixth of all construction loans were in trouble, making them a major source of risk for banks.




 
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